Cost Analysis




Image: Two different types of modern fingerprint scanners. Left: USB Fingerprint scanner requires a PC or smartphone with supporting application to work. Right: Commonly used for access control, can scan and store many templates and transactions independently, can connect to a PC or network to communicate and export biometric data.

Current generation of biometric systems are available with sensors leveraging different techniques like capacitance, thermal, etc. to read fingerprints. They come with ability to detect liveness and do not require manual calibration. Current biometric recognition systems are considerably faster than earlier generations. They have SDKs available for PCs and come with encryption support. Mass production induced by increasing adoption rate has not only slashed prices of biometric systems, but also encouraged their usage in mainstream identification and authentication methods. Now billions of people use biometric identification and authentication in some or other way on a daily basis. From unlocking doors or unlocking phones, biometrics is always at work.

Increasing adoption rate – decreasing prices

Mass production cuts down prices, and that is what exactly happening with biometric recognition systems right now. Increasing numbers of implementation made mass production of biometric systems imperative and slashed prices. A biometric system’s price may depend on factors like brand, certifications, waterproofing, type of sensor, etc. A small USB fingerprint scanner can cost as little as $50 and a sophisticated ten finger scanner with live finger detection ability can cost $2500 as well. Increasing production and completion are expected to lower the prices further. Average selling price of global mobile fingerprint sensor volumes is estimated to be dropped to $2 per unit in 2020 which was as high as $5.5 in 2014.

Fingerprint Sensor Volume vs. ASP

Image: Global Fingerprint sensor volume vs. ASP from year 2014 to 2020 (Source: Carnegie Research)

Increasing adoption has helped bring down cost of biometric devices. Factors like economy of scale, increasing production and electronic components getting cheaper, have helped biometric systems to become affordable for small business and even for individual applications. Slashing prices are particularly evident in case of fingerprint scanners. Earlier, only high end or flagship mobile phones were equipped with fingerprint sensors, but now even a $100 smartphone offer a capacitive fingerprint sensor. Fingerprint recognition systems, which were earlier used only in high security facilities or restricted areas, are now commonly seen everywhere. Let it be office doors, server rooms, schools, banks, POS, etc., fingerprint scanners have made their way to everyday life. Due to mass production, building blocks of biometric systems are getting cheaper and new entrants are offering very competitive prices. Technological enhancements and introduction of new hardware also slash prices of previous iterations.


There are various elements to consider before choosing any modality to employ for a biometric application. Level of security required, cost of the biometric system, return on investment, etc., are some of the elements that may become deciding factor in employing a biometric recognition method.

Following table compares different aspects like accuracy, cost, template size, stability and level of security of common biometric recognition methods:

Biometrics Type

Accuracy

Cost

Size of Template

Long Term Stability

Security Level

Facial Recognition

Low

High

Large

Low

Low

Iris Scan

High

High

Small

Medium

Medium

Fingerprint Recognition

Medium

Low

Small

Low

Low

Finger Vein

High

Medium

Medium

High

High

Voice Recognition

Low

Medium

Small

Low

Low

Retina Scan

High

High

Medium

High

High